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Hindenburg said an investigation found "glaring red flags" even after the SEC charged the company with accounting violations in 2020.

Austal USA, an Alabama-based shipbuilder that makes vessels for the U.S. Navy, has admitted wrongdoing and agreed to pay a $24 million fine to settle an accounting fraud investigation, the U.S. Department of Justice announced Tuesday.

Lakewood, Colorado-based BF Borgers CPA PC and its owner Ben Borgers have been prosecuted by CPA Ontario, the regulatory body that licenses and oversees chartered professional accountants and firms in the province, with offenses including performing the ...

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VICTORIA - The office of British Columbia's auditor general says he found two "significant errors" in the New Democrat government's year-end public financial statements, but the Ministry of Finance sa

Canada’s two biggest railways, accounting for almost 80 per cent of the national network, shut down early Thursday after talks with a union failed, immediately blocking arteries of North American supply chains that carry about $1 billion per day in trade.

The Chartered Professional Accountants of Canada (CPA Canada) has strengthened its international bonds by signing a Memorandum of Understanding (MoU) with UK's Chartered Institute of Public Finance and Accountancy (CIPFA). Through the MoU the two bodies ...

Wall Street's top regulator on Tuesday voted 3-2 to bless new rules making it easier for an audit watchdog to hold people responsible for audit firms' violations. Divided along party lines, the five-member U.

Canada is on track to reach about 240 real estate insolvencies this year as real estate developers continue to face elevated interest rates and growing construction costs, Rachelle Younglai reports. The number of insolvencies has been rapidly climbing over the past year and is now on track to surpass levels of the global financial crisi s,

A new cohort of Canadian accountants will soon be joining the accounting profession, as CPA Canada has announced that 1,403 individuals successfully passed the May 2024 sitting of the Canadian accounting profession’s Common Final Examination (CFE).

Autodesk Inc. continued to use a controversial sales strategy after promising investors it would stop and ignored internal warnings about the risks of doing so, according to previously unreported internal documents.